NikolaCorp Stock Analysis

NKLA
 Stock
  

USD 2.65  0.20  7.02%   

The big decline in price over the last few months for NikolaCorpmay encourage investors to take a closer look at the firm as it is trading at a share price of 2.65 on 6,348,463 in trading volume. The company executives failed to add value to investors and position the firm supply of money to exploit market volatility in November. However, diversifying your holdings with NikolaCorp or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.65. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the NikolaCorp partners.
Additionally, see Correlation Analysis.
  
The NikolaCorp stock analysis report makes it easy to digest most publicly released information about NikolaCorp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. NikolaCorp Stock analysis module also helps to analyze the NikolaCorp price relationship with some important fundamental indicators such as market cap and management efficiency.

NikolaCorp Stock Analysis Notes

About 32.0% of the company outstanding shares are owned by corporate insiders. The book value of NikolaCorp was now reported as 1.24. The company recorded a loss per share of 1.8. NikolaCorp had not issued any dividends in recent years. Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people. To find out more about NikolaCorp contact Michael Lohscheller at 480 666 1038 or learn more at https://www.nikolamotor.com.

NikolaCorp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. NikolaCorp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NikolaCorp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
NikolaCorp generated a negative expected return over the last 90 days
NikolaCorp has high historical volatility and very poor performance
Net Loss for the year was (690.44 M) with profit before overhead, payroll, taxes, and interest of 23 K.
NikolaCorp currently holds about 319.94 M in cash with (307.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Roughly 32.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Deere Q4 Earnings Preview Stock In The Spotlight - Seeking Alpha

NikolaCorp Upcoming and Recent Events

Earnings reports are used by NikolaCorp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NikolaCorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report4th of November 2021
Next Financial Report24th of February 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of June 2021
Last Financial Announcement30th of September 2020

NikolaCorp Largest EPS Surprises

Earnings surprises can significantly impact NikolaCorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-06-08
2020-03-31-0.08-0.09-0.0112 
2022-08-04
2022-06-30-0.28-0.250.0310 
2020-11-09
2020-09-30-0.19-0.160.0315 
View All Earnings Estimates

NikolaCorp Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as NikolaCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NikolaCorp backward and forwards among themselves. NikolaCorp's institutional investor refers to the entity that pools money to purchase NikolaCorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares190.8 K672 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares163.7 K779 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares105.9 K1.1 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares104.2 KM
Zurcher Kantonalbank Zurich CantonalbankCommon Shares101.3 K1.1 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares96 K1.7 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares89.6 K1.2 M
Xr Securities LlcCall Options15.1 KK
Note, although NikolaCorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NikolaCorp Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NikolaCorp's market, we take the total number of its shares issued and multiply it by NikolaCorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Management Efficiency

The entity has return on total asset (ROA) of (0.4143) % which means that it has lost $0.4143 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (1.1347) %, meaning that it created substantial loss on money invested by shareholders. NikolaCorp management efficiency ratios could be used to measure how well nikolacorp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 5th of December, NikolaCorp secures the mean deviation of 4.15, and Risk Adjusted Performance of (0.20). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NikolaCorp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for NikolaCorp, which can be compared to its peers in the industry. Please verify NikolaCorp maximum drawdown, and the relationship between the information ratio and downside variance to decide if NikolaCorp is priced some-what accurately, providing market reflects its recent price of 2.65 per share. Please also check out NikolaCorp total risk alpha, which is currently at (1.18) to check the company can sustain itself at a future point.

NikolaCorp Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NikolaCorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NikolaCorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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NikolaCorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NikolaCorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on NikolaCorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NikolaCorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

NikolaCorp Predictive Daily Indicators

NikolaCorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NikolaCorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

NikolaCorp Forecast Models

NikolaCorp time-series forecasting models is one of many NikolaCorp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NikolaCorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About NikolaCorp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how NikolaCorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NikolaCorp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as NikolaCorp. By using and applying NikolaCorp Stock analysis, traders can create a robust methodology for identifying NikolaCorp entry and exit points for their positions.
Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people.

Current NikolaCorp Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NikolaCorp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NikolaCorp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
18.78Hold9Odds
NikolaCorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most NikolaCorp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NikolaCorp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NikolaCorp, talking to its executives and customers, or listening to NikolaCorp conference calls.
NikolaCorp Analyst Advice Details

NikolaCorp Stock Analysis Indicators

NikolaCorp stock analysis indicators help investors evaluate how NikolaCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NikolaCorp shares will generate the highest return on investment. By understating and applying NikolaCorp stock analysis, traders can identify NikolaCorp position entry and exit signals to maximize returns.
Begin Period Cash Flow849278000.00
Logo U R LimglogosUSNKLA.png
Common Stock Shares Outstanding398784392.00
Total Stockholder Equity693572000.00
DescriptionNikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-elec
Total Cashflows From Investing Activities-207481000.00
Tax Provision4000.00
Property Plant And Equipment Net244377000.00
Retained Earnings-1250612000.00
Cash And Short Term Investments497241000.00
Retained Earnings Total Equity-1250612000.00
Cash497241000.00
CodeNKLA
Accounts Payable86982000.00
Net Debt-469791000.00
50 Day M A3.0694
Total Current Liabilities180609000.00
Currency CodeUSD
Other Operating Expenses693526000.00
Non Current Assets Total465090000.00
Common Stock Total Equity41000.00
Non Currrent Assets Other56516000.00
Additionally, see Correlation Analysis. You can also try CEO Directory module to screen CEOs from public companies around the world.

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Is NikolaCorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NikolaCorp. If investors know NikolaCorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NikolaCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.4 B
Quarterly Revenue Growth YOY
(1.00) 
Return On Assets
(0.41) 
Return On Equity
(1.13) 
The market value of NikolaCorp is measured differently than its book value, which is the value of NikolaCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NikolaCorp's value that differs from its market value or its book value, called intrinsic value, which is NikolaCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NikolaCorp's market value can be influenced by many factors that don't directly affect NikolaCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NikolaCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine NikolaCorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NikolaCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.